ipl-logo

The Impact On The United States During The Roaring 20's Or The Great Depression

886 Words4 Pages
bulb-icon

Recommended: The roaring twenties and the impact on the society

Unit 5: 1920-1936 Summative Assessment Which had a greater impact on the United States, the Roaring 20's or the Great Depression? Abigail Spiker Mr. Wicks US History, P4 2/24/2023 (Absent on discussion day) The Great Depression was undeniably one of the biggest challenges America had to face. The nation's moral, economy, and politics were all incredibly unstable and in need of assistance. While the Great Depression lasted a decade, the effects of this national crisis lasted longer. With that said, the Great Depression wouldn’t have occurred, or at least not at the time it had, if it weren’t for the Roaring Twenties. After World War 1, America was thriving and rebuilding itself. In doing so, the nation experienced significant social and economic changes like spending mass amounts of money to signify wealth. As a result, …show more content…

During the Roaring Twenties, consumerism began to rise as people became more comfortable with spending and buying what they wanted, even if they didn’t need it. According to U.S. History, “New products made household chores easier and led to more leisure time. Products previously too expensive became affordable. New forms of financing allowed every family to spend beyond their current means” (U.S. History). Many middle class families were taking advantage of this and “replicating” first class lifestyles. This type of spending can be seen today as well. Middle class, and even lower class families and citizens are investing lots of money into fancy cars, expensive equipment, etc., because they are hot ticket items that can represent status and wealth. In reality, these people may not be able to afford them as easily as a first class citizen can, causing many to willingly live paycheck by paycheck. In the end, the Roaring Twenties helped encourage this behavior, greatly impacting the way Americans interact with money

Show More
Related
1380 Words | 6 Pages

Everyone was under the impression that because everything was so great now that everything would always be great, which was false. The Great Depression was an economic depression that took place across the whole world. It took place mainly through the 1930’s. It began in 1929 and it did not end until 1941. It was the longest, most horrible worldwide depression of the 20th century.

Read More
383 Words | 2 Pages

The Great Depression was an economic crisis that took place all over the world during 1929-1939. America and other nations were not prepared nor expecting this. Before it hit, stocks were high, businesses were thriving, and jobs were full. This event made the Roaring Twenties turn into one of darkest times in American history. The Great Depression was mostly caused by speculation/installment buying, banking, and unemployment.

Read More
957 Words | 4 Pages

The Great Depression, the worst economic low in America’s history, marked the end of a period that was known as being happy for all. The “Roaring 20’s” as they are often referred to, were a cultural transition in America. After the first World War, Americans celebrated by buying things they couldn’t afford, and investing in stocks (two things that often went hand in hand). During this time period, however, the rich got richer and the poor got poorer. This wage gap is not the only economic issue that can be seen in this period.

Read More
634 Words | 3 Pages

The Great Depression occurred after the huge stock market crash in 1929. However, the impacts were on going till the 1930s. Many individuals were affected by this stock market crash which led to destroying young innocent lives. This was the time where a majority of individuals were happy that WW1 is over, but then again it went back to a horrible state due to stock markets. For instance, for those who had a credit card and spent a lot of money on the loan they borrowed came out as a horrible lifestyle when Great Depression happened.

Read More
1098 Words | 5 Pages

[“How did the 1920s affect Americans”] AP Seminar [Wilber Martinez] Word Count: [####] The 1920s were a decade of significant change in many areas of life. The time period is often referred to as the “Roaring Twenties'' due to the economic prosperity, political change and cultural change that made the time so important.

Read More
759 Words | 4 Pages

The Great Depression which had its reign in the 1930’s on the American economy. It was an era in time of extreme financial hardships that not only impacted the American government, but also its civilians. Since this period of time intersected with the tragedy of World War II, the Great Depression did not last as long as it could have. With the plethora of impacts that World War II made towards ending the Great Depression, this economic recession did not last as long as it would have without the war.

Read More
1977 Words | 8 Pages

This depression was caused by many key events, and the whole depression lasted a decade, starting in 1929. Although there are many key events that caused the great depression it also had many slowly developing events that gradually helped to cause this economic trouble. The time period that slowly caused this gradual downfall was known as the Roaring Twenties. The Roaring Twenties was a time when the United State’s economy grew extremely quickly. It grew so quickly that, “The nation’s total wealth more than doubled between 1920 and 1929” (H. Staff, The Great Depression).

Read More
773 Words | 4 Pages

The Great Depression was a very difficult time for the world and lasted for 11 years. The Great Depression had many events that caused it. One of them was the stock market crash in the 1930’s. Another was the Dust Bowl. In “To Kill A Mockingbird” by Harper Lee, she mentioned the Great Depression in several parts.

Read More
247 Words | 1 Pages

1 The Great Depression was a ten year period in time where it had been considered "The worst economic disaster in American history." Of course, other countries such as Germany were affected by this event as well, although not seemly much as it was for America and its people. There were a few reasons why ithappened in the first place, with one huge reason why it was likely inevitable to happen. Before The Great Depression, there was The Roaring Twenties. In that time, the U.S. economy was expanding at a rapid rate.

Read More
651 Words | 3 Pages

There were a lot of factors that helped shaped the economic prosperity, social, and political changes of the Roaring Twenties. Some refer to this era as the New Era. Many factors or events that helped shape the economy was the automobile, new consumer items, new freedoms, new morality, prohibition, the change of media, and the battle over evolution. There were four major factors that helped build the economy in the 1920s. The biggest factor was the automobile.

Read More
233 Words | 1 Pages

Throughout the history of America, we as a nation have gone through many unique time periods. Whether it was during the colonial times where we fought for revolution or during the age of Manifest Destiny where we migrated West to fulfill our destiny or when we were battling through the Great Depression to fix and stabilize our economy all of these different times we have been through still bears an impact on our society as a whole today. A time period in specific I will be talking about is the Roaring 20s. The 1920s was an era of social and political change which sent America into the modern age, where for the first time Americans actually lived more in cities than farms. Along with that America itself doubled their total wealth in the span

Read More
750 Words | 3 Pages

The Great Depression is one of the worst moments in American History and it changed America in many ways. The Great Depression affected America economically, socially and there manufacturing. The Great Depression lasted for ten years from 1929 till 1939. This was one of the largest a darkest periods America has ever faced and America was not really ready for it and that was why it affected America so badly. The stock market collapsing was the cause of this Great Depression and it lead to people losing their jobs, businesses and some even their homes.

Read More
863 Words | 4 Pages

Economic changes across the decades taught Americans valuable lessons in saving, spending, and investing their money. The 1920s begin these important changes, bringing new life to both the American economy and American culture.

Read More
1513 Words | 7 Pages

For the first time ever in the 1920’s, more people in the United States were living in cities rather than on farms. This decade was appropriately titled the “Roaring 20’s” because of the major economic, political and social changes that took place. Between 1920 and 1929, the wealth of American citizens increased

Read More
645 Words | 3 Pages

The Roaring Twenties were drawing to an end when the Great Depression began in August of 1929. The Roaring Twenties were a time of profound social, economic, and political transformation in American history. For the first time, there were more urban residents than rural ones in America. From 1920 and 1929, the overall wealth of the country more than doubled. The Great Depression saw a rapid rise in crime as many unemployed workers turned to petty theft to put food on the table.

Read More

More about The Impact On The United States During The Roaring 20's Or The Great Depression

Related Topics

Open Document